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Corcoran is a small Central Valley market. Timing a simultaneous buy-sell here can be tricky without short-term capital.
A bridge loan gives you buying power now. You tap equity from your current property before it closes.
6–12 months
Typical Loan Term
620+
Min Credit Score
20–30% in current home
Equity Required
Non-QM
Loan Type
Typically interest-only
Rate Type
Bridge Loans in Corcoran
Bridge loans are non-QM products. Lenders focus on equity, not just your debt-to-income ratio.
You typically need 20–30% equity in your current home. Strong credit and an exit strategy matter most.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Corcoran.
Corcoran is a small Central Valley market. Timing a simultaneous buy-sell here can be tricky without short-term capital.
A bridge loan gives you buying power now. You tap equity from your current property before it closes.
Bridge loans are non-QM products. Lenders focus on equity, not just your debt-to-income ratio.
Big banks rarely touch bridge loans. Wholesale and private lenders are where these deals get done.
SRK CAPITAL works with 200+ wholesale lenders. We find bridge programs that fit your timeline and equity position.
The biggest mistake I see: borrowers wait too long. By the time they find a property, they lose it to a clean offer.
Get the bridge loan in place first. Then you make offers like a cash buyer — no sale contingency holding you back.
A HELOC is cheaper but slower. If your current home is already listed, most lenders won't fund a new HELOC on it.
Hard money moves fast but costs more. Bridge loans sit in the middle — structured for this exact transition scenario.
Corcoran's market is smaller than coastal metros. Fewer competing offers means your timing window is more flexible.
Still, the right property in Kings County can move. Having bridge financing ready keeps you from missing the deal.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if the deal warrants it.
No — that's the point. You buy the new property first, then sell your existing home to pay off the bridge.
Most lenders want 620 or higher. Strong equity can offset a lower score with some non-QM lenders.
Yes, they are. Bridge loans are short-term and higher risk — rates reflect that. Rates vary by borrower profile and market conditions.
Yes. Bridge loans work on both owner-occupied and investment properties. Lender terms will differ by property type.